Arizona workforce: June 19, 2008 |
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--------- Â BECEIVED-----
Arizona Department of Commerce, Research Administration June 19,2008
Nonfarm Employment Down by 6,700
in May; Unemployment Rate at 4.4% OFFICE Of THE PRESlDlNi> no, u. s. Emnomidndieators
Arizona's seasonally adjusted unem ployment
rate rose to 4.4 percent in
May, a one- half of one percentage
point increase from 3.9 percent in
April. The national rate increased
from 5 percent to 5.5 percent during
the same time period. The civilian
labor force in the state increased and
employment fell, according to local
area unemployment statistics.
Arizona's economy lost 6,700 non farm
jobs in May for an over- the month
percentage change of - 0.3
percent. Based on the lO- year aver age,
a small gain was expected
during May (+ 0.1 %).
The service- providing industries lost
3,900 jobs while the goods- producing
cluster lost 2,800. Seven of 11 major
supersectors lost jobs, while four had
increases. Increases occurred in the
sectors of financial activities, profes sional
and business services, educa tional
and health services, and other
services. Losses occurred in manu facturing,
natural resources and min ing,
construction, information, leisure
and hospitality, and government.
Government lost 2,500 jobs, largely
in local education. Local education
decreases can be primarily attributed
to the end of the school year in some
school districts. The combined de crease
for state and local education
was 4,300. Federal government
added 400 jobs.
Professional and business services
increased employment by 400. Pro fessional,
scientific and technical
services lost an expected 2,100 jobs
( due to the end of the tax- preparation
season), which was offset by a gain
of 2,300 jobs in the administrative
and support and waste sector. Gains
in the administrative support sector
might be a result of organizations
outsourcing financial and personnel
functions.
Leisure and hospitality employment
lost 1,000 jobs in May, largely due to
a decrease in food services and drink ing
places (- 1,000). Leisure and
hospitality was only slightly below its
lO- year average loss for the month
(- 0.4 percent vs. - 0.3 percent).
Educational and health services
posted a gain of 900 jobs. The
majority of the jobs were in health
care and social assistance.
Construction (- 2,200) lost the largest
number of jobs among the goods producing
industries. Building
construction was down (- 900), as
was specialty trades (- 1,500). Heavy
construction, however, gained 200.
Construction was down by 12.7 per cent
from one year ago.
Financial activities grew by 200 jobs.
Unemployment Rate ( Seasonally Adj.)
May' 08 Apr. ' 08 May ' 07
United States 5.5% 5.0% 4.5%
Arizona 4.4% 3.9% 3.6%
Phoenix- Metro 3.8% 3.4% 3.0%
Tucson- Metro 4.3% 3.8% 3.3%
Flagstaff- Metro 4.1% 3.7% 3.3%
Lake Havasu Gty-
Kingman- Metro 5.4% 5.4% 4.3%
Prescott- Metro 4.3% 3.7% 3.3%
Yuma- Metro 14.2% 12.3% 13.7%
Note: See Table section for definitions of
metro areas.
NA - Not Currently Available
Arizona Nonfarm Payroll Employment
( in Thousands)
MaY ' 08 Apr. ' 08 May ' 07
Overall 2,663.5 2,670.2 2,680.6
Over- Month % Chg.-- O. 3% - 0.2% 0.2%
Year- to- Year% Chg.-- 0.6% - 0.2% 1.4%
Finance and insurance was flat, while
real estate and rental and leasing in creased
by 200. This is financial ac tivities'
first gain since February
2008.
continued on page 2
Arizona Workforce Employment Report Page 2
 15%
 20% +---+--- t--+--+-- t--- t---+-+---+--- t--+--+-- t--- t---+-+--,
JAN
' 08
JAN
' 07
JAN
' 08
JAN
' 05
JAN
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JAN
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Over- the- Year Percent Change in Major Industry Employment, Jan. 2000- May 2008
20% r                                                      ,
15% MANUFACTURING
.. 100/.
'" c~
6% o
1:
.~. 0% 1=::....--""'"---------".",£----------' 1:------+ Q.
~.. I) .. 6%
~
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Manufacturing had a decrease of
500 jobs in May. Durable goods
manufacturing was up by 100
while non- durable goods manufac turing
dropped by 600. Manufac turing
was down 2.0 percent over the-
year.
Natural resources and mining lost
100 jobs overall, while the re ported
sub- sector of metal are
mining gained 100. The over- the month
growth for the industry as a
whole was 12.8 percent in May,
Information lost 100 jobs, all of
which were in the reported tele communications
sector.
About This Publication 20% T Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â .. Â Â Â Â Â Â Â Â Â Â Â ,
Arizona Workforce is published 14
times a year by the Arizona Dept. of
Commerce, Research Administration
( RA) - 12 as the monthly Employ ment
Report and twice a year as RA's
two- year Forecast Report.
Copies of the reports are available at
RA's Web site, www. workforce. az.& oV.
or by requesting a printed copy by calling
602- 542- 3871; writing to P. O. Box 6029,
Phoenix, AZ 85005- 6029; or sending an
e- mail to: webmaster@ workforce. az. gov
15%
..,.. 10%
c.. . c 5%
u
~.. .~. 0% Q.
~
:: - 5%
>..-
:. z. .10% > o
 15%
EDUCATION AND
HEALTH SERVICES
Material published in Arizona WorkÂ
 20% - l--+--+- t---+--+- f---+--+-- t-+--+---+-+--+--+- t--'
force is in the public domain and can be
reproduced without further permission.
Appropriate citations are requested.
JAN
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JAN
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JAN JAN
' 02 ' 03
JAN
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JAN
' OS
JAN
' 06
JAN
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JAN
' 08
Source: Arizona Dept. ofCommerce, Research Administration, in cooperation with the
U. S. Dept. ofLabor, Bureau ofLabor Statistics, June 2008
Arizona Dept of Commerce ( ADOe)
Kent Ennis Deputy Director
Dennis Doby Senior Director,
Research Admini stration
Cheri Levenson Acting Director,
Economic Analysis
Frank Curtis Director,
Data Systems
yet metal are mining's rate ( which
includes copper) for the same time
period was at 21 percent.
Trade, transportation and utilities
pared 2,300 jobs with retail trade
losing 1,700. All published retail
trade sub- sectors, except " other
general merchandise" lost jobs.
Retail trade lost employment in
continued on page 3
Arizona Workforce Employment Report Page 3
JAN
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JAN
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JAN
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JAN
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CONSTRUCTION
20%
10%
16%
 20% +--+--+---+---+--+---+-+--+--+---+-----+--+--+-+--+-- 1---'
JAN
' 00
 16%
Over- the- Year Percent Change in Major Industry Employment, Jan. 20DO- May 2008
.....
" ~ 6%
o
C . e. 0%+----"---------''-'---------------\---- 1 11.
~..• - 5%
>..;
~
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16%
10%
FINANCIAL ACTIVITIES
.....
" ~ 6%
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~.. CD - 5% >..;
~
:; Â 10%
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clothing and clothing accessories
stores, general merchandise
( including department stores),
motor vehicle and parts dealers,
and furniture and home furnishing
stores.
Arizona's economy lost 6,700 jobs
in May, which was a decrease of
0.3 percent from April. This is the
second consecutive month of job
losses with 12,200 jobs lost in
April and May combined. During
May, seven of the 11 supersectors
lost jobs while four increased em ployment
levels. Over- the year in
May, the state had a loss of 17,100
jobs ( 0.6 percent). Construction
continued to show weakness due
to the effects of the real estate and
financial markets on Arizona's
economy. Manufacturing showed
seasonally related decreases in
non- durable goods.
Other services had a gain of 500
jobs.
 16%
JAN
' 08
JAN
' 07
JAN
' 06
JAN
' 06
JAN
' 04
JAN
' 03
JAN
' 02
JAN
' 01
 20% +--+--+---+--+-+--+--- te---+--+-+--+-- t----+--+-+--+---'
JAN
' DO
Source: Arizona Dept. ofCommerce, Research Administration, in cooperation with the
U. S. Dept. ofLabor, Bureau ofLabor Statistics, June 2008
Release Presented by: Frances Griego, ADOC, Research Administration Economist
Contact: For clarification or additional information, call ( 602) 542- 3871
Next Press Briefings: June Employment Report - Thursday, July 17, 10 a. m.,
Executive Tower, Conf. Room 6A, 1700 W. Washington St., Phoenix
Arizona Workforce and additional economic data are on the Internet at:
http:// www. workforce. az. gov
Object Description
| Rating | |
| TITLE | Arizona workforce |
| CREATOR | Arizona. Dept. of Commerce. Research and Information Services Division. |
| SUBJECT | Labor supply--Arizona; Labor policy--Arizona; Manpower policy--Arizona; |
| Browse Topic |
Work and labor |
| DESCRIPTION | This title contains one or more publications. |
| Language | English |
| Publisher | Arizona. Dept. of Commerce. Research and Information. |
| TYPE |
Text |
| Material Collection |
State Documents |
| Location | New |
| REPOSITORY | Arizona State Library, Archives and Public Records--Law and Research Library. |
